Previous trend: Bearish (114 to 30)
Present trend: Bullish (price has broke Downward trendline at 58)
Support: 77 and 58
Resistance: 130 and 157
Pattern: Rounding Bottom breakout above 30 and retesting 30
Volume: highest volume of 6.92 mn on the beginning of May 2021. Last highest monthly volume was in the month Feb 2017 (8.9 mn)
Price invalidation level/stoploss:77 on Monthly Closing Basis.
Disclaimer: Only for educational purpose. Do trade as per your risk management.
Present trend: Bullish (price has broke Downward trendline at 58)
Support: 77 and 58
Resistance: 130 and 157
Pattern: Rounding Bottom breakout above 30 and retesting 30
Volume: highest volume of 6.92 mn on the beginning of May 2021. Last highest monthly volume was in the month Feb 2017 (8.9 mn)
Price invalidation level/stoploss:77 on Monthly Closing Basis.
Disclaimer: Only for educational purpose. Do trade as per your risk management.
Comment:
130 done. next level is 157
Comment:
157 done. :)
Trade closed: target reached